Immediate past Managing Director of the Nigeria Gas Company (NGC) – a subsidiary of the Nigerian National Petroleum Corporation (NNPC), Engineer Saidu Mohammed, has said that Nigeria will continue to rely on the importation of fuel to meet up to its high demand for petroleum products.
Mohammed, who is currently the Managing Director of Kaduna Refining and Petrochemical Company (KRPC) Limited, said that as long as Nigeria cannot meet its demand for petroleum products, it will continue to import fuel.
Speaking at an event held over the weekend, Mohammed said that even if the nation’s refineries produces at full capacity, they will not be able to meet Nigerians’ increasing need for petroleum products.
“We will continue to import fuel as long as we cannot meet the demand because it is about demand and supply. If there is no much demand, we will not go for importation.
Even if all the refineries work at 100 percent capacity we cannot meet the demand of 30 million litres per day and we should not forget that some of our neighbours also depend on Nigeria for fuel,” he stated.
Mohammed also noted that all the newly established plants across the country have been linked by gas pipelines and will soon commence operation.